| Balance Sheet Years 1-3 | ||||||||
| Prepared By: | Company Name: | |||||||
| Sam Miller | Aviator Inc | |||||||
| ASSETS | 44044 | 44045 | 44046 | |||||
| Current Assets | ||||||||
| Cash | 256,609,642 | 530,547,949 | 815,514,218 | |||||
| Accounts Receivable | 88,184,000 | 97,002,400 | 106,702,640 | |||||
| Inventory | 54,000,000 | 54,000,000 | 54,000,000 | |||||
| Prepaid Expenses | 31,333,333 | 15,666,667 | - | |||||
| Other Initial Costs | 8,333,333 | 4,166,667 | - | |||||
| Total Current Assets | $ 438,460,308 | $ 701,383,682 | $ 976,216,858 | |||||
| Fixed Assets | ||||||||
| Real Estate -- Land | 20,000,000 | 20,000,000 | 20,000,000 | |||||
| Real Estate -- Buildings | 43,000,000 | 43,000,000 | 43,000,000 | |||||
| Leasehold Improvements | 12,000,000 | 12,000,000 | 12,000,000 | |||||
| Equipment | 18,000,000 | 18,000,000 | 18,000,000 | |||||
| Furniture and Fixtures | 5,000,000 | 5,000,000 | 5,000,000 | |||||
| Vehicles | 22,000,000 | 22,000,000 | 22,000,000 | |||||
| Other | 3,500,000 | 3,500,000 | 3,500,000 | |||||
| Total Fixed Assets | $ 123,500,000 | $ 123,500,000 | $ 123,500,000 | |||||
| (Less Accumulated Depreciation) | $ 12,535,714 | $ 25,071,429 | $ 37,607,143 | |||||
| Total Assets | $ 549,424,593 | $ 799,812,253 | $ 1,062,109,715 | |||||
| LIABILITIES & EQUITY | ||||||||
| Liabilities | ||||||||
| Accounts Payable | 50,104,545 | 55,115,000 | 60,626,500 | |||||
| Commercial Loan Balance | - | - | - | |||||
| Commercial Mortgage Balance | - | - | - | |||||
| Credit Card Debt Balance | - | - | - | |||||
| Vehicle Loans Balance | - | - | - | |||||
| Other Bank Debt Balance | - | - | - | |||||
| Line of Credit Balance | - | - | - | |||||
| Total Liabilities | $ 50,104,545 | $ 55,115,000 | $ 60,626,500 | |||||
| Equity | ||||||||
| Common Stock | 259,000,000 | 259,000,000 | 259,000,000 | |||||
| Retained Earnings | 240,320,048 | 509,158,218 | 808,881,860 | |||||
| Dividends Dispersed/Owners Draw | - | 23,460,964 | 66,398,645 | |||||
| Total Equity | $ 499,320,048 | $ 744,697,254 | $ 1,001,483,215 | |||||
| Total Liabilities and Equity | $ 549,424,593 | $ 799,812,253 | $ 1,062,109,715 | |||||
| Balance sheet in or out of balance? | $ - | $ - | $ - | |||||
| Balanced! | Balanced! | Balanced! | ||||||